Ireland's budget 2022
It also increases the carbon tax from €33.50 to €41 per tonne. The revenue will help upgrade energy systems in housing.
The vehicle registration tax is also increased using a progressive scale based on emissions (bands). The 5000 euro subsidy to the purchase of new electric vehicles is extended to the end of 2023.
In the Finance bill of 2023, a notable €3,000 tax incentive is being introduced to promote the purchase of cargo bikes.